India's Cipla falls after Q1 profit miss

Cipla

23/07/2026 07:57

** Shares of drugmaker Cipla CIPL.NS slip 2.6% to 1,378.8 rupees
** Co's Q1 consol net profit falls 39.2% to 7.89 billion rupees; misses analyst expectations of 8.7 billion rupees, per LSEG-compiled data
** Co's Q1 total rev from ops beats estimates; rises 2.3% to 71.19 billion rupees
** Stock rated as "Buy" on average; median PT at 1,500 rupees -- LSEG-compiled data
** YTD, stock down ~7.6%
     

 (Reporting by Mridula Kumar in Bengaluru)
 ((Mridula.Kumar@thomsonreuters.com;))